Slight cost hikes account for inflation as required

The U.S. Federal Maritime Commission has adjusted its civil penalty amounts to account for inflation, as required annually by the 2015 Federal Civil Penalties Inflation Adjustment Act Improvements Act.

Slight cost hikes account for inflation as required

The U.S. Federal Maritime Commission has adjusted its civil penalty amounts to account for inflation, as required annually by the 2015 Federal Civil Penalties Inflation Adjustment Act Improvements Act.

Slight cost hikes account for inflation as required

The U.S. Federal Maritime Commission has adjusted its civil penalty amounts to account for inflation, as required annually by the 2015 Federal Civil Penalties Inflation Adjustment Act Improvements Act.

By Chris Gillis | Feb 7, 2019

The U.S. Federal Maritime Commission has adjusted its civil penalties slightly upward to account for inflation, as required by the 2015 Federal Civil Penalties Inflation Adjustment Act Improvements Act. The 2015 Act requires that agencies adjust and publish their civil penalties by Jan. 15 each year. The civil penalty increases are effective on Feb. 7 and are applicable to violations starting Jan. 15, 2019. The FMC’s civil penalties, which cover per violation, include: • Adverse impact on U.S. carriers by foreign shipping practices, from $2,052,107 to $2,103,861; • Knowing and willful violation of the 1984 Shipping Act or commission regulation or order, from $58,562 to $60,039;

• Failure to establish financial responsibility for non-performance of transportation, from $23,335,778 to $23,924,798; • Failure to establish financial responsibility for death or injury, from $23,335,778 to $23,924,798; • Making false claim (Program Fraud Civil Act), from $11,181 to $11,463; • And giving false statement (Program Fraud Civil Act), from $11,181 to $11,463.

The Build America Fund is the most conservative proposal, costing less than one cent on the dollar to administer versus up to 35 cents for tolling schemes. Lastly, our proposal is sustainable. It shores up the Highway Trust Fund, which will go broke in just a couple years without action and it doesn’t add one dime to our nation’s debt.

Chris Spear, president and CEO of the American Trucking Association

APL -- CMA CGM/CNC Line - CHXCNC has replaced the vessel Warnow Perch with the CMA CGM Bangkok, which has increased the service capacity by 120 TEUs or 12 percent.